From CBS News · Duarte Dias · · 1m 10s
Trump announces massive Greenland oil and gas exploration
President Trump says oil, gas and mineral exploration is about to begin in Greenland following a new security agreement with Denmark.
In brief
President Trump says oil, gas and mineral exploration is about to begin in Greenland following a new security agreement with Denmark. President Trump announced that massive oil, gas and mineral exploration is preparing to begin in Greenland, citing experts who say the island holds vast easily available oil reserves…
Trump announces Greenland exploration
President Trump said Wednesday that massive oil, gas and mineral exploration is getting ready to begin in Greenland, posting the announcement on Truth Social.
“Massive Oil, Gas, and Mineral Exploration is getting ready to begin in our new and beautiful Greenland”
Experts cite vast oil reserves
Trump said experts believe Greenland holds far greater easily available oil than almost any land anywhere in the world, though he provided no further details.
“the amount of easily available Oil is far greater than that of almost any land, anywhere in the World”
Security pact enables exploration
The announcement follows a security agreement signed more than four weeks ago by the U.S., Greenland and Denmark, which oversees the territory. The deal mentions resource extraction and minerals cooperation.
Agreement expands military presence
The security pact gives the U.S. broad access to Greenland's airspace and territory, allowing expansion of Pituffik Space Base and establishment of additional bases at Narsarsuaq and Mestersvig, roughly nine hundred fifty miles apart.
The short version
President Trump announced that massive oil, gas and mineral exploration is preparing to begin in Greenland, citing experts who say the island holds vast easily available oil reserves.
